Toronto’s Best Neighbourhoods: Return on Investment

We often get asked what we consider Toronto’s best neighbourhoods – but how do you define ‘best’?

In Part 1 of our look at Toronto’s ‘hoods, we’ll look at how prices have changed in the last year – from the first quarter of 2011 to the first quarter of 2012. Keep in mind that a couple of crazy sales of high-end properties can throw off the stats, but still, this is fascinating stuff.

West Toronto

As Toronto real estate agents living and working in west Toronto, we know this area is hot. There are some great family-friendly neighbourhoods that have plenty of parks, restaurants and shopping and are located centrally enough to allow for decent commutes. But how hot is hot? Check out the stats below:

Bloor West Village –up 41% in the last year, from an average of $682,249 to $959,876.

Brockton Village– up 22% from $390,477 to $477,511 (yay, this is our neighbourhood)